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Press Releases
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed LPA Receivers over The Shire Horse Pub set in Wyaston, Derbyshire.
The traditional pub set in the Derbyshire countryside serves a range of draught beers, wines, spirits and soft drinks. The pub also has a beer garden and restaurant which can also be hired out for private functions.
Moorfields will continue to trade the pub whilst it is marketed for sale.
Any interested parties should contact Moorfields Corporate Recovery LLP on 0207 186 1144 for further details.
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.
Moorfields Corporate Recovery is pleased to announce the appointment of Shelley Bullman as Partner,
at their London Office.
Shelley brings an impressive track record in restructuring experience having acted in a number of high profile situations, including the administration of a UK banking subsidiary of an Icelandic banking group and an FSA regulated business.
Previously with Ernst and Young, Shelley’s experience incorporates all aspects of formal insolvency
appointments including both corporate and personal and more recently situations involving complex group structures and cross border transactions. Shelley is well known for her ability to apply commercial acumen and market awareness to every situation.
Shelley will play a key role in Moorfields growth strategy and service offering to secured lenders to provide a quality, reliable, cost effective alternative to the ‘Big Four’.
Commenting on her appointment, Shelley Bullman, Partner, said “Moorfields are a forward thinking
firm with the right values and attitudes to ensure they are constantly responsive to market needs. I am delighted to join the firm at this exciting time.”
Phil Smith, Partner said “Moorfields has become a substantial force in the market place providing innovative
quality solutions whilst challenging the markets traditional approach to recovery. Shelley will be a welcome addition to the executive team and will assist in shaping and developing the firm.”
Commenting on the appointment, Simon Thomas, Partner, said “Shelley will bring a wealth of experience to the team and will assist in strengthening our existing expertise in the financial services sector. The appointment shows our commitment to recruiting quality staff to drive the firm forward”
MoorfieldsCorporate Recovery LLP is one of the UK's leading independent firms of
Restructuring and Insolvency specialists.
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed LPA Receivers over the Redwood Hotel operating in Aldershot, Hampshire.
The Victorian Manor House Hotel built in 1897 is within close proximity to the old market town of Farnham, and conveniently situated for the towns of Fleet, Farnborough and Guildford, with easy access to both the M3 and M25. The hotel offers accommodation suitable for both business and leisure stays.
Moorfields will continue to trade the hotel whilst it is marketed for sale.
Any interested parties should contact Moorfields Corporate Recovery LLP on 0207 186 1144 for further details.
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed LPA Receivers over the Bookham Grange Hotel operating in Leatherhead, Surrey.
The traditional rural hotel has 27 well appointed bedrooms along with a restaurant, lounge bar, garden terrace and conference facilities. The hotel is conveniently situated close to the M25, A3 & A24, whilst also in an idyllic location to explore the Surrey Downs.
Moorfields will continue to trade the hotel whilst it is marketed for sale.
Any interested parties should contact Moorfields Corporate Recovery LLP on 0207 186 1144 for further details.
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed Joint Administrators over Rowswells & Lees Limited, a wholesale butchers operating in Essex.
Rosewells & Lees Limited specialised in the supply of wholesale fresh and frozen meat products to the leisure industry. The well established company had traded for over 20 years supplying high quality produce sourced from Smithfield market, to a number of well known restaurants and hotels around the South East.
In 2011 the company started to experience financial difficulty after it suffered from the loss of a major contract which accounted for 50% of its turnover. Moorfields were instructed by the secured lender to assist the management team with the distressed trading period, financial due diligence and an exit strategy.
Following a period of marketing, a pre-pack sale of the business was achieved protecting the trade and employees.
Simon Thomas, Moorfields Partner said “Our early involvement meant we were able to guide the management team through a distressed situation allowing us to reduce operations, protect the creditors’ interests and devise the most appropriate exit strategy. Had we not been involved at an early stage it is likely trade would have ceased and the goodwill value of the business would have been lost.
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed Joint Administrators over Path Products Ltd, an AV wholesaler and distributor operating in Oxford.
Path Products Limited specialised in supplying and distributing audio and visual equipment. The start-up had traded for only 9 months following its restructure from Path Distribution Limited, Path Group Limited and Ixos Holdings Limited in November 2010.
The company began to experience difficulties in 2011 suffering a 30% reduction in trade due to a number of its customers experiencing fewer sales as a result of the recession. Moorfields were instructed when the Company’s stakeholders failed to agree a second restructure. Despite having to cease trading Moorfields managed to realise the name and goodwill of the Company as well as achieving a price for the stock that far exceeded our agents break up valuation. The effective sale of the business as a going concern enabled us to protect the book debts resulting in a full recovery for the secured creditor.
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed Joint Administrators over Nature Food Restaurants Limited, a chain of restaurants based in the South East.
The restaurant and bar specialised in contemporary Asian food and speciality cocktails. The chain had begun to struggle with increased costs and poor trade over the Christmas period. Moorfields were appointed by the directors following there expertise in the hospitality sector.
The prime high street locations mean the restaurants are attracting a number of interested partied, which the Joint Administrators are hopeful will result in a sale in order to preserve jobs and maximise return to the creditors.
For more information on Nature Food Restaurants Limited please contact Arron Kendall on 0207 186 1145 or email akendall@moorfieldscr.com
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.
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